Territories to be sold at Cannes

Foresight, Emmet/Furla and Envision had announced on Friday that Cage was starring in the project but backed off on the assertion several hours later.

“We have learned that the deal with Nicholas Cage on ‘Hotel 33′ is not yet closed,” the companies said in a statement. “We therefore feel it is prudent to let the parties finalise their negotiations before we move forward with international representation of the film. ”

The announcement had said that Foresight Unlimited will handle international sales at Cannes for “Hotel 33,” with Randall Emmett and George Furla producing and Kellie Madison directing. Envision Entertainment’s Remington Chase, Stepan Martirosyan and Vitaly Grigoriants, and Foresight’s Mark Damon are exec producing along with Malek Akkad.

Open Road will distribute the film in the United States.

The film centers on the aftermath of an urban legend about the disappearance of 32 people on the opening night of a hotel in Williamsport, Pa., in 1953. Cage will play a detective investigating the vanishings while four teenagers break into the now-abandoned hotel for a night of festivities.